When Alexander Smith decided to move his carpet-weaving company out of The Bronx 90 years ago, he picked the hustling little town of Yonkers, in the lower part of New York's Westchester County, for his new plant. The choice proved a good one. From a small, wooden factory, Smith expanded until he became one of the biggest employers in Yonkers.† Just before World War II employment at the plant rose to a peak of 7,000. In 1948 profits hit a high of almost $7,000,000 and the plant, sprawling over 56 acres, was known...
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